According to the IRS, “Taxpayers do not need to file any forms or call the IRS to qualify for this automatic federal tax filing and payment relief.” Taxpayers Who Owe the IRS If you owe the IRS federal income tax payments for 2020, the deadline extension applies to you. You can postp...
1. Filing deadline: While the federal tax filing deadline is typically April 15th, some states may have different deadlines. For example, some states have a deadline of April 30th or May 1st. It's important to check the specific deadline for your state.2. Extension deadlines: If you nee...
Saturday the IRS issued a news release confirming this here:https://www.irs.gov/newsroom/tax-day-now-july-15-treasury-irs-extend-filing-deadline-and-federal-tax-payments-regardless-of-amount-owed This applies to all tax returns, and also extends the payment deadline to July 15th. There ...
On Friday, April 10, the IRS released Notice 2020-23 (the Extension Notice), which extended certain deadlines for federal tax-related obligations that fall on and between April 1 and July 14 of this year. Among the deadlines extended is the 180-day period for a taxpayer with eligibl...
For 2020, businesses can also qualify for two new employer tax credits:Credit for Sick and Family Leave and the Employee Retention Credit. Unemployment Benefits As for unemployment checks, unless you already have federal and state taxes automatically deducted with your weekly payments, you will owe...
What is the new tax deadline for California storm victims? On Jan. 11, 2023,the IRS announcedthat California storm victims now have until May 15, 2023, to file various federal individual and business tax returns and make tax payments. The IRS is offerin...
Farmers who were forced to sell livestock due to drought may have an additional year to replace the livestock and defer tax on any gains from the sales.
The deadline to submit for a refund is May 17. Current federal tax forms. (Credit: Scott Olson/Getty Images) Under the law, taxpayers usually have three years to file and claim their tax refunds. If they don’t file within three years, the money becomes the property of the U.S...
But the deadline is fast approaching. The IRS is urging individuals who still have not received their stimulus checks, or received less than they anticipated, to file a federal tax return to claim it. This year, the deadline to file has been pushed to May 17 from the traditional April 15...
Registering with the non-filers tool mostly pertains to people who don't typically file a federal income tax return. When the IRS distributed the stimulus checks earlier this year — sending the payments to 160 million people over a stretch of several months— the agency at first relied on ta...